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Q&A - Focus on Cannabis Processing Industry

27 Sep 2018 08:30

RNS Number : 1338C
Spinnaker Opportunities PLC
27 September 2018
 

27 September 2018

 

Spinnaker Opportunities Plc

("Spinnaker" or "the Company")

 

Spinnaker Opportunities Provides A Question And Answer Document On Their Strategic Focus On The Cannabis Processing Industry

 

Spinnaker Opportunities Plc (LON: SOP), the standard listed cash shell which was established to make a material acquisition, is pleased to provide a Q&A document that outlines its strategy to focus on opportunities within the cannabis processing industry.

 

 

Highlights

 

· The Company has set a current focus on the cannabis processing market, where the board sees great potential for shareholder value. Other energy and industrial segments have not been excluded, however, they are not the Company's current focus.

 

· Interest in the cannabis sector has grown significantly over the past few years. The company therefore sees vast opportunity to grow within the sector, providing shareholders exposure to this market and strong future value.

 

· Growth in the sector is expected through a strong increase in demand for the introduction of cannabis derivatives across multiple sectors.

 

· The Company has strengthened its board expertise and advisory team to provide the experience needed to successfully deliver a material acquisition within the growing cannabis market.

 

Link to Q&A document: http://www.rns-pdf.londonstockexchange.com/rns/1338C_1-2018-9-27.pdf

 

 

Enquiries

 

Spinnaker Opportunities Plc

Contact through Blytheweigh (see below)

Andy Morrison / Alan Hume

 

Peterhouse Capital (Strategic Consultant)

Tel: +44 (0) 20 7469 0930

Guy Miller / Martin Lampshire

 

SI Capital (Joint Broker)

Tel: +44 (0) 1483 413 500

Nick Emerson / Greg Mahoney

 

Blytheweigh (Financial PR)

Tel: +44 (0) 20 7138 3204

Tim Blythe / Julia Tilley / Simon Woods

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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